Subsea 7 awarded contract offshore Egypt
LUXEMBOURG -- Subsea 7 has been awarded a sizeable contract by Pharaonic Petroleum Company for the development of the East Nile Delta Phase 3 Project (END-3). The award was the result of a competitive tender process.
The project scope includes installation engineering, procurement and fabrication of rigid spools, and installation of pipeline, umbilical and subsea structures to develop the resources from two wells including 8 km of umbilicals and pipeline. The field development will be at depths of about 80 m to 90 m.
Fabrication of spools will be carried out at Petrojet's yard in Egypt. Offshore installation is scheduled to commence in the fourth quarter of 2015 using the Subsea 7 vessels Rockwater 2 and Seven Borealis.
“Subsea 7 is pleased to once again provide services for the Taurt and Ha'py field developments,” Gilles Lafaye, V.P., Africa, said.
